Companies import goods and services to supply to the domestic market at a cheaper price and better quality than competing goods manufactured in the domestic market. 6 days ago · The meaning of IMPORT is to bring from a foreign or external source. How to use import in a sentence. to buy or bring in products from another country: 2. to introduce new goods, customs, or ideas…. to bring in from a foreign country or other source: to import goods for resale. to bring or introduce from one use or connection into another: foodstuffs imported from the farm. to mean or signify: Her … Discover everything about the word "IMPORT" in English: meanings, translations, synonyms, pronunciations, examples, and grammar insights - all in one comprehensive guide. Sep 27, 2025 · An import is a product or service that is produced in one country and purchased in another, thus playing a role in international trade and affecting a country's balance of trade. Oct 25, 2024 · What is import? You could say that imports are the backbone of international trade and the economy. Here's everything you need to know about importing. Import is an international trade practice involving purchasing goods and services from a foreign country. It is an important determinant of a country's trade balance.
